VN VeT SIde CA Consider risk m he form of Beto DDM aSSumes Burns Mining Corporation has 8 million shares of common stock, 400,000'prefetence shares cdel varu12.401 and 150,000 bonds outstanding. The bonds have 15 years to maturity and sell for 94 percent of ptagi par ($1,000). The relevant coupon rate is 6.5 percent and the bond pays semi-annually. 09Umes Common stock currently sells for $57 per share and has a beta of 1.25, The preference share YisR prE and BE currently sells for $78 per share, offering $5 fixed dividend and has a par value of $100. The market risk premium is 8 percent, T-bills are yielding 5.5 percent, and Burns Mining's tax rate is 34 percent. What is the market value of the firm's capital structure? (a) If Buns Mining is evaluatinga new investment project that has the same risk as the firm's (b) typical project, what rate should the firm use to discount the project's cash flows